![]() Tom Florio |
Former Condé Nast senior vice president and publishing director Tom Florio is getting back into the magazine business by acquiring pop culture title PAPER Magazine. Together with XRM Media and PAPER CCO Drew Elliott, Florio has formed ENTech Media Group, which has signed an agreement to purchase the magazine from PAPER Communications co-founders Kim Hastreiter and David Hershkovits. Plans are for the magazine to scale down its print presence while beefing up its digital offerings. "We will build on their digital and native content, social architecture and video,” said Florio. “In 2018, the magazine will go quarterly with an increased distribution in bookstores and single copies." PAPER isn’t exactly a stranger to incorporating digital communications into its game plan, however. In 2014, the magazine debuted its “Break The Internet” issue with a cover shot of a scantily clad Kim Kardshian that generated more than 70 million monthly unique visitors to Papermag.com
![]() Jarl Mohn |
The sexual harassment scandal at NPR that provoked the resignation of the radio network’s former head of news, Michael Orsekes, may be having some subsidiary effects. In a letter to NPR staff sent out on Tuesday, CEO Jarl Mohn announced that he would be taking a medical leave of at least a month to address a “dangerous level” of hypertension. He suffered a ruptured aorta in March. Mohn has come under fire for what some see as foot-dragging in response to the charges brought against Oreskes. “In retrospect,” he said in the letter, “I did not see the bigger pattern of poor judgment and unacceptable behavior.” In addition to the harassment complaints, that behavior included $1800 in invalid expenses, for which Mohn said Oreskes has reimbursed NPR. While Mohn is out on medical leave, NPR COO Loren Mayor will be filling in for him.
![]() Serena Williams |
Oath—the digital arm of Verizon that includes AOL, Yahoo! and the Huffington Post—has named Serena Williams the founding chairman of its board of advisors. Williams will lead a celebrity-studded group that includes Seattle Seahawks quarterback Russell Wilson, fashion designer Zac Posen and recording artists Chuck D and Ciara. The board of advisors will share the expertise they have gained from building their own brands with Oath leadership, as well as having access to the brands that operate under the Oath umbrella. They will also work with Oath’s philanthropic and social impact arm, Oath for Good, providing financial and volunteer contributions to the cause of their choice. Oath CEO Tim Armstrong says that the board “represents the leadership, creativity, work ethic, and philanthropy we aspire to as a company and they will help us make Oath a company unlike any other.”




USA TODAY brings on Jamie Stockwell as VP of news, effective March 30. Stockwell was most recently deputy managing editor of news for the Washington Post... YouTube expands its likeness detection capabilities to a pilot group of government officials, journalists and political candidates... The AP Fund for Journalism adds 50 news organizations to its local news program, bringing the total number of participating newsrooms to 100.
Versant Media Group, the NBCUniversal cable TV spin-off, today reported its first financial results as 2025 revenues dipped 5.3 percent to $6.7B and standalone EBITDA dropped 9.1 percent to $2.2B.
Trump Media & Technology Group is discussing a spin-off of the Truth Social platform following the expected closing of its $6B merger deal with TAE Technologies... Condé Nast sells off Them, the digital LGBTQ-focused platform it launched in 2017, to Equalpride, publisher of Out, The Advocate, Out Traveler, Health PLUS Wellness and Pride.com... CBS News has parted ways with longevity influencer Peter Attia, one of the 19 contributors that editor-in-chief Bari Weiss brought on as part of her plan to present a wider variety of voices on the platform.
Symbolic.ai forms a partnership with News Corp to begin using the company’s AI-native publisher platform in the newsrooms of News Corp publications to augment research, writing and publishing... Mediaite launches a newsletter that promises to give readers a summary of—media newsletters... The Fund for American Studies launches the Journalism Excellence Fellowship, a program that will provide promising young journalists the opportunity to work alongside top writers, reporters, and media professionals.
The Pittsburgh Post-Gazette, which has roots going back to 1786, is going out of business, the paper’s owners, Block Communications, announced on Jan. 7... GQ editor Will Welch is stepping down to take on a new Paris-based role with the musician Pharrell, who is also men’s creative director at Louis Vuitton... Semafor says it has raised $30 million on a $330 million valuation, following its first profitable year. 



